For Michelle, one of the most exciting aspects of landing a full-time job was being able to buy a different car! Even though she will be working in an urban area, she will need a reliable vehicle to travel to client locations outside the city. Michelle is trying to decide if she should buy a new vehicle or a slightly used vehicle, or lease a new(er) vehicle. She has had her eye on a dazzling blue SUV; it stares at her every time she drives by the lot. But she's not sure if she can justify its cost. Here are the costs and benefits she has gathered for each of these options: Buy New Buy Used Lease Midnight-Blue SUV Monthly payment $470 $330 Excellent for next 40,000 miles $280 plus $2 per mile if over 10,000 miles per year 2 years Excellent for length of lease Time frame 6 years 4 years Warranty Excellent for 100,000 miles only Full coverage insurance Operating cost $210 per month $160 per month $0.20 per mile $0.20 per mile Expected mileage per 13,500 13,500 year Safety features Maximum Moderate $200 per month $0.20 per mile 13,500 Maximum (a) Identify the relevant costs associated with each of Michelle's three options. (Round answers to 2 decimal places, e.g. 15.25.) Buy New Total average monthly cost $ Buy Used Lease Midnight Blue SUV $